Thank you for your generosity k. It works flawless. I refreshed the chart times and the levels remain put.Originally Posted by ;
Best of luck to you...
Thank you for your generosity k. It works flawless. I refreshed the chart times and the levels remain put.Originally Posted by ;
Best of luck to you...
Hi GTH,
upgrades:
Day 4 - 3 setups,
1 x SL
1 x BE
1 x no entrance
Day 5 - No transaction, busy with work
Day 6 - 4 admissions,
2 x exit with profit (do not hold overnight)
2 x no entrance
Total, sound method of trading. RR 3 to 1, profitable in the long term.
Two items to take note: identifying the immediate trend and refreshing the chart together with the indi (else gonna setup in the wrong loion, lol)
Thanks GTH for this wonderful method, clear entry, and leave, as long as one can identify the immediate fashion.
Cheers,
Hi FF,Originally Posted by ;
You're always welcomed and thank you for your input and stats... I do not suggest the levels to be utilized as a mechanical fashion, like input brief at 78, exit at 0. It had been one way of using it although I know I started the thread recommending this. I truly want people begin inventing new methods of using them.
Since kprsa made the daily indior showing past days levels, I'll do some sort of stats to observe the the range of ways the levels can be utilized.
Thanks for sharing your stats.
Good Luck...
The levels seem spot on to me.Originally Posted by ;
I know that the motivation behind this technique goes from random walk and is meant for intraday trading.
However, one way of working with this would be when a few indior on daily TF - such as nonlagdot, TDI, Ichimoku, Heiken i.. . - shows a trend change. Then one gets the according entry and remains in exchange as long as the tendency is supported by the indior on the daily scale.
(This automatically takes care of the cut losses short/let profits run principle. The entrance process also allows for compounding, which can be useful.)
Cheers,
k
Thank you for your thought k,Originally Posted by ;
I completely agree with exactly what you're saying. The combos should have to be spewed out by a computer although there are many ways to utilize these levels. . Frankly my head is going mad just thinking of the egies to utilize these... I think we're just scratching the surface here...
Thanks again and Good Luck as consistently...
Good imran,Originally Posted by ;
I am trading spx futures also, so I have seen the very similar. It was a perfect day. Perfect ideal and setup price action. .
Thanks for sharing your chart. .
Good Luck...